The European Single Stock Options landscape: Why Euronext leads in Amsterdam, Paris and Milan
This study analyses single stock options (SSOs) across Euronext's three leading venues: Amsterdam, Paris, and Milan, with an in-depth focus on the 20 most active contracts. The data reveals why Euronext has established itself as Europe's best exchange and a leading venue for retail participation.
Executive Summary
Euronext's dominance in single stock options rests on three fundamental pillars: the quality and efficiency of its on-screen markets, offering superior price discovery and execution; the breadth of its product offering, enabling investors to implement sophisticated and tailored strategies; and its commitment to retail market development, broadening access to derivatives across Europe.
This analysis answers the following key questions for each marketplace:
▪ Market Trends: How are SSO markets evolving across the three venues?
▪ Market Participants: Who is driving activity, with particular focus on retail participation levels?
▪ Trading Dynamics: Is liquidity concentrated on-screen or off-screen?
▪ On-Screen Market Quality: What does price discovery and execution efficiency look like?
Finally, a focus on the 20 most actively traded contracts for each marketplace is presented, detailing trading volumes, traded notional values, and the maturity spectrum. This breakdown shows how far out from the maturity curve market participants actively trade.